Business credit cards are now gaining a stronger market presence than ever before. Today, these cards not just help in keeping personal finances away from the business ones; they also are proving to be even more rewarding to entrepreneurs.
Competition has increased not just in the personal credit card section. Customers are being enticed with better rewards and perks in the business card segment as well. One of the cards that have upped the rewards is the Business Gold Rewards card from American Express. This charge card that is due to hit the market on Monday will waive off the annual fee of $175 for the first 12 months. Customers can avail 3 points on each airfare purchase they make using this card.
The Business No Hassle Cash Premier card from Capital One is another business card that is making waves in the market. This card offers 2 percent cash back on any purchase made using this card. The $59 annual fee is waived off for the first 12 months and the interest rate is variable at 13.9%. The bank does not limit the amount of rewards you can claim each year. However, if you want to claim cash back more than once a year, it is imperative to decide on a proper redemption schedule. Another business card by the same lender, Clear Interest Business Checking, which was launched in July this year also has perks that many are unaware of. The interest rate on this card varies based on the location of the business.
